Resilinc vs LogicManager

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Our analysts compared Resilinc vs LogicManager based on data from our 400+ point analysis of Risk Management Software, user reviews and our own crowdsourced data from our free software selection platform.

Resilinc Software Tool

Product Basics

Resilinc offers a sophisticated software solution designed to manage Supplier and Supply Chain Risk Management. This platform is particularly well-suited for large enterprises and organizations with complex supply chains, as it provides comprehensive tools for monitoring and mitigating risks associated with suppliers and logistics. The software excels in offering real-time visibility into supply chain disruptions, enabling proactive risk management and strategic decision-making.

Key benefits include enhanced supply chain resilience, improved supplier collaboration, and reduced operational risks. Popular features encompass risk assessment, event monitoring, and supplier scorecards, which collectively help businesses maintain continuity and efficiency. Users often appreciate the platform's intuitive interface and robust analytics capabilities, which set it apart from similar products in the market.

Pricing details for Resilinc's software are not readily available and can vary based on specific business needs and scale. Interested users are encouraged to contact SelectHub for a tailored pricing quote.

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LogicManager is a fully integrated governance, risk and compliance (GRC) solution. Users can easily incorporate its taxonomy infrastructure into any department, ensuring scalability and adaptability. It stockpiles all data centrally under one secure repository to assess bank risks, location-specific risks, third-party risks, regulatory risks and gaps in control processes. Provides ready-made libraries to house risks, standards and regulatory documentation for intuitive tracking of compliance obligations, claims, internal audits and risk assessments. Compliant with ISO, NIST, COBIT, GDPR CCPA and more frameworks and regulations.

Its intuitive dashboard and advanced analytics modules provide risk-intelligent reporting of vulnerability assessments with configurable data visualizations. Taxonomy technology links regulations, risk and controls across departments, uncovering correlational data and dependencies for higher operational efficiency. Users can automate task assignments, threat remediation plans, document generation, alerts, reminders and more.
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$1,400 Monthly
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Tailored to your specific needs
$10,000 Annually
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Tailored to your specific needs
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Product Insights

  • Enhanced Visibility: Gain comprehensive insights into your entire supply chain, allowing for proactive risk management and informed decision-making.
  • Risk Mitigation: Identify and address potential disruptions before they impact your operations, reducing downtime and maintaining business continuity.
  • Supplier Performance Tracking: Monitor and evaluate supplier performance to ensure compliance with quality and delivery standards, fostering stronger partnerships.
  • Cost Savings: Reduce costs associated with supply chain disruptions by implementing preventive measures and optimizing supplier selection.
  • Regulatory Compliance: Stay compliant with industry regulations and standards, avoiding legal penalties and maintaining a good corporate reputation.
  • Data-Driven Decisions: Utilize real-time data and analytics to make informed decisions, improving overall supply chain efficiency and effectiveness.
  • Improved Collaboration: Facilitate better communication and collaboration with suppliers and stakeholders, enhancing coordination and reducing misunderstandings.
  • Resilience Building: Develop a more resilient supply chain capable of withstanding and quickly recovering from disruptions, ensuring long-term sustainability.
  • Strategic Planning: Leverage predictive analytics to anticipate future risks and opportunities, enabling more strategic and forward-thinking planning.
  • Enhanced Customer Satisfaction: Maintain consistent product availability and quality, leading to higher customer satisfaction and loyalty.
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  • Enhanced Decision Making: LogicManager equips organizations with comprehensive risk assessments and analytics, enabling leaders to make informed decisions by understanding the potential impact of risks on their strategic goals.
  • Streamlined Compliance Processes: The software simplifies compliance with regulatory requirements by automating the collection and management of relevant data, ensuring that organizations stay ahead of changes in regulations.
  • Improved Risk Visibility: With its centralized risk management framework, LogicManager provides a clear overview of all risk-related activities, highlighting areas of concern and enabling proactive risk mitigation strategies.
  • Efficient Resource Allocation: By identifying and prioritizing risks, LogicManager helps organizations allocate their resources more effectively, ensuring that attention is focused on the areas of highest impact.
  • Enhanced Collaboration: The platform fosters collaboration across departments by facilitating the sharing of risk information and strategies, breaking down silos and promoting a unified approach to risk management.
  • Customizable Reporting: LogicManager offers flexible reporting tools that allow users to create tailored reports that meet the specific needs of different stakeholders, providing relevant insights to support strategic planning.
  • Increased Operational Resilience: By enabling organizations to identify, assess, and mitigate risks, LogicManager helps build operational resilience, preparing businesses to respond effectively to unforeseen challenges.
  • Cost Savings: Through the early identification and management of risks, LogicManager can help organizations avoid costly incidents and losses, contributing to overall financial stability and performance.
  • Regulatory Compliance Assurance: The software's comprehensive compliance management features ensure that organizations can easily demonstrate adherence to industry standards and regulations, reducing the risk of penalties and reputational damage.
  • Continuous Improvement: LogicManager supports a culture of continuous improvement by providing tools for regular risk assessments and the monitoring of mitigation efforts, enabling organizations to adapt and evolve their risk management practices over time.
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  • EventWatch AI: Monitors global events in real-time, providing alerts on potential disruptions such as natural disasters, geopolitical issues, and cyber-attacks.
  • Multi-Tier Mapping: Visualizes the entire supply chain network down to the sub-tier suppliers, offering a comprehensive view of potential vulnerabilities.
  • RiskShield: Assesses and quantifies risk exposure across the supply chain, enabling proactive risk mitigation strategies.
  • Supplier Risk Assessment: Evaluates suppliers based on various risk factors including financial stability, compliance, and operational performance.
  • Supply Chain Mapping: Provides detailed maps of supply chain nodes and links, helping to identify critical paths and potential bottlenecks.
  • Incident Management: Facilitates coordinated response plans for supply chain disruptions, ensuring swift recovery and continuity.
  • Predictive Analytics: Utilizes machine learning algorithms to forecast potential supply chain risks and disruptions before they occur.
  • Compliance Management: Tracks and ensures adherence to regulatory requirements and industry standards across the supply chain.
  • Supplier Collaboration: Enables seamless communication and collaboration with suppliers to address risks and improve overall supply chain resilience.
  • Customizable Dashboards: Offers user-friendly dashboards that can be tailored to display key metrics and insights relevant to specific business needs.
  • Data Integration: Integrates with existing ERP and supply chain management systems to provide a unified view of supply chain data.
  • Scenario Planning: Allows users to simulate various disruption scenarios and evaluate the impact on the supply chain, aiding in strategic decision-making.
  • Supplier Scorecards: Generates detailed scorecards for suppliers, highlighting their risk profile and performance metrics.
  • Supply Chain Resilience Index: Measures the overall resilience of the supply chain, providing a benchmark for continuous improvement.
  • Automated Risk Notifications: Sends automated alerts and notifications about emerging risks, ensuring timely awareness and action.
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  • Risk Management: Standardize the risk identification process with preconfigured, custom risk criteria. Identify systemic vulnerabilities and perform root cause analysis to pinpoint upstream and downstream dependencies, duplication and redundancies. 
    • Assessment: Use a preconfigured risk library to standardize remediation measures and establish a universal risk language across multiple business units. Use best practice regulations, standards and frameworks to prioritize the most critical risks and minimize business impact. 
  • Risk Mitigation: Monitor risks and internal controls in real time and connect risks to associated controls, processes and resources. Automate workflows and notify risk owners of changes in local circumstances. Automatically diagnose misalignments, ineffective controls, redundancies and gaps in risk protection. 
  • Risk Monitoring: Monitor key performance indicators (KPIs) and key risk indicators (KRIs) with integrated control solutions. Configure custom risk thresholds, incident report forms and automated workflows. Standardize risk assessments throughout the organization with common frameworks. Identify emerging risk trends to proactively address vulnerabilities. 
  • Risk Reporting: Leverage the intelligent dashboard to run reports for audits, incidents, compliance, vendor management, SOX, business continuity and more. Improve stakeholder engagement with heat maps and data matrices. Automatically update existing reports and data visualizations to reflect new circumstances and information. Get a 360-degree view of remediation efficacy, controls and risk metrics with centralized controls and processes. 
  • One-click Compliance: Choose from hundreds of pre-existing controls in line with applicable regulations, frameworks and standards. Link controls to associated compliance with a taxonomy-driven artificial intelligence.  
  • Integrations: Integrate third-party applications with a simple, no-code, templated architecture. Some of the most popular integrations include Jira Software, DocuSign, Slack, Office 365, Google, etc. 
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Product Ranking

#40

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#50

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Analyst Rating Summary

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Audit Management Business Continuity Management Compliance Incident Management Operational Risk Management And IT Security Platform Capabilities Policy Management Regulatory Management Reports And Dashboards Risk Management Vendor Risk Management 99 99 88 90 98 73 100 98 100 98 83 0 25 50 75 100
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User Sentiment Summary

Great User Sentiment 1 reviews
Excellent User Sentiment 111 reviews
80%
of users recommend this product

Resilinc has a 'great' User Satisfaction Rating of 80% when considering 1 user reviews from 1 recognized software review sites.

91%
of users recommend this product

LogicManager has a 'excellent' User Satisfaction Rating of 91% when considering 111 user reviews from 4 recognized software review sites.

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Awards

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SelectHub research analysts have evaluated LogicManager and concluded it earns best-in-class honors for Audit Management, Business Continuity Management, Policy Management and Integration and Extensibility. LogicManager stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award
Audit Management Award
Business Continuity Management Award
Policy Management Award
Integration and Extensibility Award

Synopsis of User Ratings and Reviews

Supply Chain Visualization: Resilinc provides a comprehensive map of an organization's supply chain, including sub-tier suppliers, down to the part and site level, allowing for a clear understanding of potential vulnerabilities.
Real-Time Disruption Monitoring: The platform constantly scans global news and social media in multiple languages to identify potential disruptions, such as factory fires or natural disasters, and sends alerts to users, enabling proactive risk mitigation.
Supplier Collaboration: Resilinc facilitates communication and collaboration between organizations and their suppliers through features like a centralized "war room" during disruptions, streamlining information sharing and response coordination.
Data-Driven Insights: Resilinc leverages AI and predictive analytics to provide insights into supplier risk, including financial health, ESG compliance, and business continuity preparedness, enabling organizations to make informed decisions about supplier selection and management.
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Centralized Platform: LogicManager allows users to consolidate risk data, assessments, and mitigation plans in one place, providing a comprehensive view of an organization's risk landscape. This can be particularly helpful for organizations with multiple departments or business units, as it enables better collaboration and communication around risk management.
Customizable: The platform's flexibility allows users to tailor it to their specific needs and risk management frameworks. This includes the ability to create custom risk assessments, workflows, and reports. Customizable dashboards and reports provide insights into key risk indicators and trends, enabling data-driven decision-making.
User-Friendly Interface: LogicManager is generally considered to have an intuitive interface that is easy to navigate, even for users with limited technical expertise. This can help to encourage user adoption and engagement with the platform.
Integrations: LogicManager integrates with a variety of other business applications, such as GRC platforms, ERPs, and BI tools. This can help to streamline risk management processes and improve data accuracy.
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Reliance on Supplier Input: Resilinc heavily depends on suppliers proactively updating the platform with information. If suppliers don't consistently maintain accurate data, the platform's insights and risk assessments might become unreliable.
Potential for Information Overload: Resilinc monitors a vast amount of data and news feeds. While AI helps filter information, there's a risk of users being overwhelmed with alerts, potentially leading to alert fatigue and difficulty focusing on the most critical issues.
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Steep Learning Curve: Many users report that LogicManager has a steep learning curve due to its complex interface and extensive features. This can make it challenging for new users to get up to speed quickly and efficiently.
Customization Challenges: While LogicManager offers customization options, some users find it difficult to tailor the platform to their specific needs. This can lead to frustration and a less-than-optimal user experience.
Reporting Limitations: Some users have expressed dissatisfaction with LogicManager's reporting capabilities, citing limitations in generating custom reports or extracting data in desired formats. This can hinder effective risk analysis and decision-making.
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How resilient are claims about Resilinc's efficacy in supply chain risk management? User reviews from the past year paint a largely positive picture of Resilinc's capabilities. Users consistently highlight Resilinc's AI-driven monitoring and sub-tier mapping as major strengths, praising the platform's ability to provide actionable notifications and a comprehensive supplier resiliency rating system (R Score™). For instance, one user lauded the platform's ability to provide detailed part-origin data, enabling them to identify and mitigate potential disruptions early on. This granular visibility, a differentiating factor for many, allows businesses to make informed decisions about supplier selection and inventory management. However, some users expressed that while the platform excels in risk identification, its mitigation recommendations could be more robust and actionable. Despite this, Resilinc's collaborative features, which streamline communication between stakeholders during disruptions, were well-received. Resilinc seems tailor-made for businesses operating in industries with complex supply chains, such as high-tech manufacturing or pharmaceuticals. Its detailed risk assessments and predictive analytics empower these businesses to proactively address vulnerabilities and ensure operational continuity.

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LogicManager, a cloud-based risk management solution, has been helping businesses for almost two decades. Its comprehensive features, like risk maturity modeling and assessment templates, enable organizations to identify, assess, and mitigate risks effectively. However, recent user feedback paints a mixed picture of the software's performance and value proposition. Users appreciate LogicManager's user-friendly interface and its ability to streamline risk management processes. The software's intuitive design and comprehensive features allow users to efficiently identify, assess, and mitigate potential risks, ultimately leading to improved business performance. Additionally, LogicManager's extensive user base and established reputation provide a sense of reliability and community support. However, some users express concerns about the software's cost and rigidity. The price point may be a barrier for smaller businesses or those with limited budgets. Additionally, the software's lack of flexibility can make it challenging to adapt to unique or evolving business needs. Compared to competitors like MetricStream and Archer, LogicManager offers a more user-friendly experience but may lack the advanced customization options of its counterparts. LogicManager appears well-suited for established businesses seeking a reliable and comprehensive risk management solution. Its ease of use and established track record make it a dependable choice for organizations looking to enhance their risk management practices. However, businesses with limited budgets or those requiring a high degree of customization may need to explore alternative options. It's important to note that software capabilities and market trends can change rapidly. Therefore, it's recommended to consult the latest online resources and reviews for the most current information before making a software decision.

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